Stocks making the biggest moves after hours: Oracle, Adobe, RH & more
Here are some of the companies making headlines in extended trading.
TL;DR
- Oracle's stock rose more than 4% after surpassing fiscal first-quarter earnings and revenue expectations, with cloud infrastructure revenue more than doubling.
- Adobe's stock fell 2% after reporting current-quarter guidance that was largely in line with analyst estimates.
- Copart's stock surged nearly 8% due to fourth-quarter revenue topping expectations and its announcement to acquire ACV for roughly $1.9 billion.
- RH shares increased 6% after its second-quarter revenue beat analyst expectations, and its full-year revenue guidance indicated growth.
- Revenue for Oracle's cloud infrastructure more than doubled to $7.4 billion.